Finance Essentials for Small Business

Offered By: LinkedIn Learning

Tags

Finance Courses Pricing Strategy Courses Bookkeeping Courses Financial Forecasting Courses Cash Management Courses Small Business Finance Courses

Course Description

Overview

Manage your small business successfully with these finance essentials from accounting professors Jim and Kay Stice.

Syllabus

Introduction

Five characteristics of businesses that fail
What you should know

1. Growing Your Business

All businesses start small

2. Determining Your Capital Needs

Startup financial needs
Insufficient capital

3. Cash Management Basics

Managing cash on the beach
Prepare a cash forecast
Estimating the number of customers
Cash flow example

4. The Need for Record Keeping and Controls

Poor bookkeeping impacts profits
Record keeping
Using controls to safeguard info and track business activity

5. Pricing Products Properly

Pricing a consulting job
Product pricing

6. Controlling Growth

The USFL
Managing growth

Conclusion

The lost farm
Next steps

Taught by

Jim Stice and Kay Stice

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